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Next generation of investors rise as intergenerational wealth transfer begins

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Australia is on the brink of a historic $3.5 trillion wealth transfer to Gen Z and Millennials, with significant implications for financial strategies and investments.

Australia is on the brink of experiencing the largest intergenerational transfer of wealth in its history, with a staggering $3.5 trillion AUD expected to be inherited by Gen Zs and Millennials by 2050. This substantial shift in capital ownership promises to usher in a transformation in how these finances are leveraged for improved living.

This massive shift in wealth ownership holds the potential to usher in a new era of financial decision-making for the younger generations. As the torch passes from the older generations to Gen Z and Millennials, there will be a fundamental change in the ways finances are leveraged and invested.

Experts in the financial industry are closely monitoring this historic wealth transfer, which will impact not only individual financial destinies but also the broader economic landscape. The scale of this wealth handover, estimated at $3.5 trillion AUD, presents significant opportunities and responsibilities for the inheritors.

One noteworthy trend among the younger generation is the rise of angel investing. This form of early-stage investing allows individuals to support startups and small businesses, often with the expectation of significant returns on investment. As Gen Z and Millennials take control of their inherited wealth, angel investing is likely to become a prominent feature of their financial strategies.

The implications of this financial handover are profound, both for the individuals receiving these substantial inheritances and for the Australian economy as a whole. The decisions made by Gen Z and Millennials in how they utilise their newfound wealth will play a pivotal role in shaping the financial landscape for years to come.

Funding Futures is presented by VentureCrowd, To find out more about Conscious Investing, head to venturecrowd.com.au. 

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Escape Room industry still booming despite challenging market conditions

Escape This raises over $1 million in just 72 hours, highlighting growing investor interest in immersive entertainment experiences

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Escape This raises over $1 million in just 72 hours, highlighting growing investor interest in immersive entertainment experiences.

In Short:
Escape This raised over $1 million in crowdfunding in 72 hours due to investor interest in innovative entertainment.
– The startup plans to enhance workplace relationships through shared problem-solving experiences across diverse groups.

Escape This, an immersive entertainment startup, has rapidly raised over $1 million in equity crowdfunding within 72 hours, despite challenging market conditions.

Bernie Janes, founder & CEO of Escape This, joins to discuss why his company’s engaging experiences in live entertainment are appealing to investors and thrill seekers alike.Banner

The startup combines theatre, cinema special effects, and escape room design to create a unique environment. Participants engage in immersive adventures, solving problems as part of a narrative, rather than simply deciphering puzzles in a confined space.

Corporate Engagement

Escape This is also launching a programme aimed at enhancing workplace relationships across generations. The initiative places diverse groups in shared problem-solving scenarios, allowing them to appreciate different approaches to challenges.

The positive feedback from corporate clients suggests this method significantly improves understanding and collaboration among team members.

Future plans include expanding to more Australian cities, including Melbourne and Brisbane. For further details, visit the official website at escapethis.com.au.


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Limoncello spritz boom transforms Australian liquor market

Australia embraces Limoncello spritz trend as Ambra Spirits reports 123% growth in the last year

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Australia embraces Limoncello spritz trend as Ambra Spirits reports 123% growth in the last year.

In Short:
– Limoncello Spritz is gaining popularity in Australia, with Ambra Spirits seeing a 123% business increase.
– Ambra plans to expand internationally through crowdfunding and enhance local customer engagement with new features.

The Australian liquor industry is currently experiencing a surge in popularity for Limoncello Spritz. This trend has led to significant growth, with Ambra Spirits Distillery reporting a remarkable 123% increase in business over the past year.

Finn Healey, Co-Owner & Managing Director of Ambra Spirits, joined Ticker to discuss how Australia’s first Limoncello producer has expanded its distribution. The Limoncello Spritz is seen as a smoother alternative to the traditional Aperol Spritz, appealing to those seeking less bitterness.

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Global Expansion

In light of this growth, Ambra Spirits is launching an equity crowdfunding campaign to expand operations and reach international markets. The funds will support initiatives such as increased production capacity and establishing a more extensive national distribution network. The distillery also plans to enhance customer engagement at its venue by adding new features like a rooftop space and a pizza oven, anticipating increased demand from local residents. Interested consumers can learn more by visiting the Ambra Spirits website.
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AI-ready private clouds optimise costs and enhance control

AI-ready private clouds essential for organisations’ AI scalability, balancing control, performance, and cost efficiency in evolving tech landscape

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AI-ready private clouds essential for organisations’ AI scalability, balancing control, performance, and cost efficiency in evolving tech landscape

In Short:
– Organisations recognise the need for an AI-ready private cloud for efficient AI scaling and cost control.
– Data sovereignty and compliance are key concerns, leading firms to prefer local data management.

Today, organisations are increasingly recognising the importance of an AI-ready private cloud for scaling AI while ensuring control, performance, and transparency.

David Leen, head of Product Cloud at Interactive, remarked that while many companies have begun using AI, most are still experimenting with it. As they move from experimentation to production, costs often rise sharply.

Cost management is crucial, as the public cloud can be significantly more expensive compared to private cloud solutions.

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Data Sovereignty

Moreover, data sovereignty, privacy, and compliance are pressing concerns. Leen explained that organisations often prefer their data stored and managed by local entities to mitigate risks. The increasing demands for power and cooling solutions in data centres necessitate partnerships with major providers for optimal performance and efficiency.


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